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3438 North Seeley Avenue

Updated Aug 19, 2026

Niko Apostal Of Essex Three-Twelve Represents Sellers In $985,000 Chicago Multifamily Sale
SOLDMultiFamily

Niko Apostal Of Essex Three-Twelve Represents Sellers In $985,000 Chicago Multifamily Sale

3438 North Seeley Avenue

$985,000

Units

3

Asset Type

MultiFamily

Closing

Aug 17, 2026

About this deal

AI

The multifamily property located at 3438 North Seeley Avenue in Chicago, IL, features three units and was sold for $985,000. The price per unit amounts to $328,333. The property is situated in the Roscoe Village neighborhood, known for its vintage architecture.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $985,000
  • Units: 3
  • Price Per Unit: $328,333
  • Market: Chicago, IL
  • Broker: Niko Apostal - Essex Three-Twelve

The sellers were represented in the transaction by Niko Apostal, the Managing Broker of Essex Three-Twelve. A neighboring buyer acquired the property with plans to preserve the vintage building and convert it into a single-family home, following consideration of more than a dozen offers on the property.

On the Map

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$985,000

MultiFamily

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Players

Niko Apostal

Essex 312

Broker

$985K

vol

1 deal

Broker
Bilt advertisement

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $328.3K per unit across 3 units on a published $985K (2026).

Visit Essex 312 to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

16.10%

Cash-on-Cash

-4.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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